Ira Yosabashvili
speaker
38 appearances
1 recordings
1 series
first heard Aug 2017
last heard Aug 2017
Ira Yosabashvili’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Other metrics are showing things like manufacturing is falling, auto sales are slipping.
So there's this kind of dichotomy that worries investors, like why can't everything go up?
Why can't everything be good?
You bet.
It's been 19 months, counting since January 2016, since we've had some kind of significant pullback.
Some people say that that's no big deal, but other people, other investors are thinking that when a pullback does come, the positioning is so one-sided that it could be particularly sharp and deep, and that is worrying people.
Right.
That's one indicator that investors and reporters use to see the bullishness or bearishness of a market.
Basically, as we write in the piece, one reason for that is with the uneven U.S.
data.
And with the chances falling that the White House will be able to pass fiscally stimulative legislation anytime soon, investors are less confident that the Fed will be able to raise interest rates a third time this year.
And that's good for gold because gold doesn't pay a dividend.
And when rates stay near their lows, it becomes an attractive investment as opposed to when rates rise.
It is unusual, and I think that speaks to the unease that investors feel.
Some of the investors that I talked to said that either them or their clients, even as they continue to see gains in the stock markets, they're taking a little bit of that money and locking in profits and putting that in gold to cushion any potential blows to the portfolio.
The dollar's down around 7% this year, and it's a big reason why gold and many other commodities are having a good year this year.
Gold is priced in dollars, so when the dollar declines, gold becomes more affordable to foreign investors.
It's a big tailwind for the gold price.
Showing 21–38 of 38 · page 2 of 2
← Previous